TSP under review

The Government will next  Monday release a progress report on the implementation of its economic blue-print the Transitional Stabilisation Programme (TSP), which was  introduced in 2018 and ends this year.

The TSP was primarily aimed at laying the foundation for the country’s  vision 2030, under which the government is planning to transform the  country into an upper middle-income economy.

It will be succeeded by two successive five-year development plans  which will run from 2021 to 2030.

The Ministry of Finance and Economic Development said the progress  report would be availed to the media next week.

Key features of the TSP included addressing the various macro-economic  imbalances, thus providing a foundation for robust economic growth and  development beyond 2020.

Other economic reforms included managing government expenditure,  eradicating corruption, rationalising the civil service in order to contain the huge wage bill.

The TSP was also meant to aggressively market and re-brand Zimbabwe to  facilitate tourism, trade and investment while also emphasising on  public enterprises reforms. Since the introduction of the TSP, the government has scored several  milestones on the economic front including re-introducing and  stabilising the Zimbabwe dollar after years of using the multi-currency  regime. — New Ziana.

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